TORRANCE, CA—Honda and South Korean battery maker LG Energy Solution will spend $4.4 billion to build a new battery assembly plant in the United States as the Japanese carmaker seeks to phase out fossil-fuel vehicles completely by 2040.
DEARBORN, MI—Ford has announced a series of initiatives for sourcing battery capacity and raw materials that will enable the automaker to produce 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026.
HERNDON, VA—Volkswagen Group of America Inc. and Redwood Materials Inc. are collaborating to create a supply chain to recycle Volkswagen and Audi electric vehicle batteries in the United States.
WASHINGTON—The U.S. Department of Energy has announced $3.1 billion in funding from the Bipartisan Infrastructure Law to make more batteries and EV components in the United States.
BOWLING GREEN, KY—Battery manufacturer Envision AESC will invest $2 billion to build a new assembly plant here to make battery cells and modules for electric cars from several OEMs.
One of the customers for the battery cells will probably be Mercedes-Benz, which will assemble the EQS electric SUV at its factory in Tuscaloosa, AL.
SIDNEY, OH—Fresh off of winning Intel’s $20 billion project to make semiconductors in Licking County, the state is on the verge of landing another big project: a $900 million investment by a Chinese manufacturer of materials used in batteries that power electric vehicles and other products.
